Average rents declined to $1,456 and average vacancy increased to 5.8% in the Denver metro area during the fourth quarter of 2018 according to the Denver Metro Area Apartment Vacancy and Rent survey published today. The construction of 12,324 new apartments in 2018 – a volume nearly three... Continue Reading
Industry
Industry News
As of January 1, 2019, if a Section 8 voucher holder is a good candidate, most Denver Landlords will be required to accept the voucher and cooperate with the Denver Housing Authority (DHA) rules, HUD regulations, inspections and policies. Many Landlords do not accept Section 8 voucher holders, as... Continue Reading
We face real challenges to the affordable housing issue. In both the public and political arena, the increase in demand for attainable housing, coupled with hurdles to create more housing, is a growing problem. Limited government funding, headwinds of increased regulatory requirements such as... Continue Reading
Over fifty awards presented to top-performing individuals, suppliers and communities across Metro Denver’s rental property communities On November 9, the Apartment Association of Metro Denver (AAMD) hosted over 1,300 members and allies from across the region for its 2018 Tributes Awards... Continue Reading
Apartments built in the 1970s lease for 42% less on average than apartments built in this decade and an estimated 29,051 apartments in the Denver metro area rent for $1,000 or less. Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in... Continue Reading
Is 2018 the year that Congress finally passes housing finance reform and puts an end to the conservatorship of Fannie Mae and Freddie Mac? Housing finance reform is at the forefront of a full slate of issues that Congress may tackle in 2018. Both the House and Senate are actively working on... Continue Reading
Average rents in Denver fell for the second quarter in a row, dropping to $1,396 at the end of 2017 down from $1,420 three months prior. “After including average concessions valued at $65, the average effective rent for an apartment in Denver fell to $1,331 per month at the end of... Continue Reading
As we (Denver Community Planning & Development) prepare to implement the Denver Green Roofs Ordinance beginning January 1, we have drafted a "rules and regulations" document to help guide CPD's administration of the ordinance. The draft rules and regulations aim to clarify key terms and... Continue Reading
We are proud to partner with the City of Denver’s new LIVE Denver affordable housing program. The City of Denver has issued a “Call for Units” If you would like more information on how to participate in this one of a kind public private partnership, please click the logo below: Continue Reading
Vacancy Up, Rents Down Amid Record Construction Levels Average rents fell $8 between the second and third quarter of 2017 and average vacancy increased from 5.0% to 5.4% over the same period, according to the report. “Housing cost may be soaring in Denver’s single-family home and... Continue Reading
Legislative advocacy is one of the primary pillars of the association. From time to time, we have to call on our members to stand up and fight against bills or initiatives that would harm our industry, livelihoods and residents. Denver Ballot Initiative #300 is one of those initiatives. This... Continue Reading
Over the past few years, our state’s multifamily rental housing industry has observed significant increased demand, especially in the Denver metro area. Colorado has the lowest unemployment in the country at 2.3 percent and people are moving here as a result. According to the Colorado State... Continue Reading